INVX
Innovex International
PE ratio, current and historical analysis
- Stocks
- Energy
- NYSE: INVX
- PE Ratio
As of Jun 22, 2026, the INVX stock has a PE ratio of 33.76. The calculation is based on the latest EPS of $0.76 and the stock price of $25.66 per share. An increase of 56% has been observed in the PE ratio compared to its average of 21.6 of the last four quarters.
INVX PE ratio history
The mean historical PE ratio of Innovex International over the last ten years is 64.86. The current 33.76 P/E ratio is 48% lower than the historical average. Looking back at the last ten years, INVX's PE ratio peaked in the Dec 2019 quarter at 938.2, with a price of $46.91 and an EPS of $0.05. The Sep 2024 quarter marked the lowest point at 4.23, with a price of $14.68 and an EPS of $3.47.
Innovex International PE ratio by year
Maximum annual increase: 265.05% in 2025
Maximum annual decrease: -49.18% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.07 | 265.05% | $21.87 | $1.21 |
| 2024 | 4.95 | -49.18% | $13.97 | $2.82 |
| 2023 | 9.74 | -25.82% | $23.27 | $2.39 |
| 2022 | 13.13 | N/A | $27.17 | $2.07 |
| 2021 | N/A | N/A | $19.68 | -$3.63 |
| 2020 | N/A | N/A | $29.62 | -$0.87 |
| 2019 | 938.2 | N/A | $46.91 | $0.05 |
| 2018 | N/A | N/A | $30.03 | -$2.58 |
| 2017 | N/A | N/A | $47.7 | -$2.69 |
| 2016 | 24.21 | 104.3% | $60.05 | $2.48 |
| 2015 | 11.85 | -19.39% | $59.23 | $5 |
| 2014 | 14.7 | -44.11% | $76.73 | $5.22 |
| 2013 | 26.3 | 6.56% | $109.93 | $4.18 |
| 2012 | 24.68 | -10.77% | $73.05 | $2.96 |
| 2011 | 27.66 | -8.53% | $65.82 | $2.38 |
Innovex International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 32.09 | 77.59% | $24.39 | $0.76 |
| Dec 2025 | 18.07 | -37.63% | $21.87 | $1.21 |
| Sep 2025 | 28.97 | 289.38% | $18.54 | $0.64 |
| Jun 2025 | 7.44 | -9.27% | $15.62 | $2.1 |
| Mar 2025 | 8.2 | 65.66% | $17.96 | $2.19 |
| Dec 2024 | 4.95 | 17.02% | $13.97 | $2.82 |
| Sep 2024 | 4.23 | -55.89% | $14.68 | $3.47 |
| Jun 2024 | 9.59 | -26.34% | $18.6 | $1.94 |
| Mar 2024 | 13.02 | 33.68% | $22.53 | $1.73 |
| Dec 2023 | 9.74 | -3.85% | $23.27 | $2.39 |
| Sep 2023 | 10.13 | 16.17% | $28.17 | $2.78 |
| Jun 2023 | 8.72 | -26.72% | $23.27 | $2.67 |
| Mar 2023 | 11.9 | -9.37% | $28.69 | $2.41 |
| Dec 2022 | 13.13 | N/A | $27.17 | $2.07 |
| Sep 2022 | N/A | N/A | $19.52 | -$1.84 |
INVX Price vs fair value
INVX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of INVX is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
PE comparison
With a price to earnings (P/E) of 33.76, INVX ranks higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 16.89, Innovex International's price to earnings (P/E) is 100% higher.
INVX PE vs peers
INVX's PE ratio stands lower than its peer stock NOV, but it is higher than SLB's and FTI's. Innovex International is currently trading at a higher PE ratio (33.76) than its peers average of 27.29.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SLB Schlumberger Limited | 20.87 | $71.78B |
| FTI TechnipFMC plc | 24.99 | $26.5B |
| FTK Flotek Industries Inc | 29.06 | $862.11M |
| NPKI NPK International Inc. | 33.41 | $1.3B |
| INVX Innovex International Inc. | 33.82 | $1.77B |
| NOV National Oilwell Varco Inc | 76 | $6.82B |
| OIS Oil States International Inc | N/A | $475.53M |
| FET Forum Energy Technologies Inc | N/A | $568.49M |
| BOLT Bolt Biotherapeutics Inc | N/A | $8.21M |
Frequently asked questions
What is Innovex International's PE ratio?
As of Jun 22, 2026, INVX stock has a price to earnings ratio of 33.76.
What is the 3-year average PE ratio for Innovex International (INVX)?
The 3-year average price to earnings ratio for INVX stock is 12.93.
What is the 5-year average PE ratio for Innovex International (INVX)?
The 5-year average price to earnings ratio for INVX stock is 12.87.
What is the highest PE ratio for INVX?
Over the last ten years, the quarterly PE ratio reached its highest level at 938.2 in the Dec 2019 quarter.
How does the current PE ratio for INVX compare to its historical average?
INVX's current price to earnings ratio is 48% below its 10-year historical average.
How is INVX's PE ratio calculated (Innovex International PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 22, 2026), Innovex International's share price is $25.66. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.76. Therefore, Innovex International's PE ratio for today is 33.76. PE RATIO(33.76) = STOCK PRICE($25.66) / TTM EPS($0.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.